Everspin Technologies has announced a strategic manufacturing agreement with Microchip Technology to expand on-shore production of its MRAM and tunnel magnetoresistive (TMR) sensor products. The initial 10-year deal, which can be extended in two-year increments, will see Everspin establish a copy exact (plus) MRAM line at a Microchip semiconductor fabrication facility in Oregon, mirroring its existing line in Chandler, Arizona.
Under the agreement, Everspin will transfer its magnetic technology and MRAM manufacturing process into Microchip’s Oregon fab while retaining ownership of its spintronic IP and process know-how, using Microchip’s foundry capacity to scale output. This added line is designed to increase wafer capacity for MRAM and TMR devices, provide a fully on-shore second source, and support long-term supply continuity for spintronics-based non-volatile memory and sensor products well into the next decade.
Everspin plans to leverage two decades of MRAM production experience from its Chandler operation to accelerate process bring-up in Oregon, and expects the first MRAM and TMR products from the joint line to ship in the second half of 2027. The company notes that the expanded capacity also creates additional headroom for R&D on next-generation MRAM technologies and enables ITAR-compliant wafer processing for sensitive aerospace and defense applications.